Selective Insurance Group (SIGI) Projected to Post Quarterly Earnings on Thursday

Selective Insurance Group (NASDAQ:SIGI - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Thursday, July 17th. Analysts expect the company to announce earnings of $1.59 per share and revenue of $1.32 billion for the quarter.

Selective Insurance Group (NASDAQ:SIGI - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The insurance provider reported $1.76 earnings per share for the quarter, missing analysts' consensus estimates of $1.86 by ($0.10). Selective Insurance Group had a return on equity of 8.06% and a net margin of 4.70%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the company earned $1.33 EPS. The company's revenue was up 11.1% compared to the same quarter last year. On average, analysts expect Selective Insurance Group to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Selective Insurance Group Trading Up 0.4%

NASDAQ:SIGI opened at $86.33 on Thursday. Selective Insurance Group has a twelve month low of $78.13 and a twelve month high of $103.56. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average price of $87.07 and a two-hundred day moving average price of $87.88. The company has a market cap of $5.25 billion, a P/E ratio of 23.52 and a beta of 0.48.

Selective Insurance Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Thursday, May 15th. Selective Insurance Group's dividend payout ratio (DPR) is currently 41.42%.

Insiders Place Their Bets

In related news, CAO Anthony D. Harnett sold 1,352 shares of the stock in a transaction on Friday, April 25th. The stock was sold at an average price of $87.06, for a total value of $117,705.12. Following the sale, the chief accounting officer owned 15,946 shares in the company, valued at approximately $1,388,258.76. This represents a 7.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.50% of the company's stock.

Institutional Investors Weigh In On Selective Insurance Group

Large investors have recently added to or reduced their stakes in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Selective Insurance Group by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,627 shares of the insurance provider's stock valued at $19,555,000 after purchasing an additional 11,167 shares during the period. Focus Partners Wealth increased its holdings in Selective Insurance Group by 17.9% during the first quarter. Focus Partners Wealth now owns 2,705 shares of the insurance provider's stock valued at $248,000 after buying an additional 411 shares during the last quarter. Finally, Amundi increased its holdings in Selective Insurance Group by 398.7% during the first quarter. Amundi now owns 389 shares of the insurance provider's stock valued at $36,000 after buying an additional 311 shares during the last quarter. Institutional investors own 82.88% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on SIGI shares. Morgan Stanley increased their price objective on Selective Insurance Group from $85.00 to $90.00 and gave the company an "equal weight" rating in a report on Monday, May 19th. Wall Street Zen raised Selective Insurance Group from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. BMO Capital Markets increased their price objective on Selective Insurance Group from $92.00 to $96.00 and gave the company an "outperform" rating in a report on Tuesday, April 29th. Finally, Keefe, Bruyette & Woods cut their price objective on Selective Insurance Group from $93.00 to $92.00 and set a "market perform" rating for the company in a report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Selective Insurance Group has an average rating of "Hold" and a consensus target price of $94.00.

About Selective Insurance Group

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.

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